Assuming the most basic requirement for societal prosperity is a healthy, educated, and enterprising population, Economic Democracy seeks to close the gap between purchasing power and productive output. While reform agendas tend to critique the existing system and recommend corrective measures, they do not necessarily suggest alternative models to replace the fundamental structures of capitalism; private ownership of productive resources, the market, and wage labor.
Read more about this topic: Economic Democracy
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Famous quotes containing the word reform:
“Let us reform our schools, and we shall find little reform needed in our prisons.”
—John Ruskin (18191900)